Giftify, Inc., was incorporated in Delaware on April 13, 2011. The company owns and operates Restaurant.com, a digital platform for food and beverage offers, and CardCash, a platform for buying and selling discount gift cards from numerous retailers. After acquiring CardCash in 2023 and Takeout7 in 2025, the company operates through two divisions, business-to-consumer and business-to-business. 

Giftify reported Q2 GAAP EPS of -$0.04 and revenue of $21.7M, with gross profit increasing 14.2% to $4.4M and gross margin expanding to 20.2%.Giftify, Inc. (NASDAQ: GIFT) reported financial results for the second quarter of 2026, showing a net loss of $1.2 million, or -$0.04 per share, compared to <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">net loss of $2.6 million</a>, or -$0.09 per share, in the same period of 2025. Revenue for the quarter <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">increased 4.0% year-over-year</a>. Gross profit also improved, <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">rising 14.2% to $4.4 million</a>, with gross margin expanding to 20.2% from 18.4% in the prior year period. The company’s gross billings, representing the total dollar value of customer transactions processed through its marketplaces, <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">surged 26.2% to $45.5 million</a> in Q2 2026. This growth was driven by a higher proportion of agent transactions, where revenue is recognized on a net commission basis rather than a gross basis. <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">Agent transactions accounted for 7%</a> of net sales in the second quarter of 2026.Operating expenses decreased to $5.0 million for the quarter, compared to $5.7 million in the prior year period, primarily due to <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">reduction in stock-based compensation expenses</a>. Interest expense also declined to $116,725 from $143,374 in Q2 2025, reflecting the company’s <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">reduced debt balance</a>. Modified EBITDA, a non-GAAP financial measure, <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">improved to $126,036</a> for the quarter, compared to a loss of $150,236 in the prior year period. For the six months ended June 30, 2026, <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">Modified EBITDA was -$606,800</a>, compared to -$776,557 in the same period of 2025.Giftify also announced new partnerships during the quarter, including <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">distribution deal with Capital One</a> Shopping and a collaboration with Follett Higher Education to expand gift card exchange capabilities. Management emphasized continued efforts to <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">grow gross billings, expand margins</a>, and reduce costs while seeking additional capital to support operations.Despite these improvements, the company’s <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">accumulated deficit remains significant</a> at over $102 million, and Modified EBITDA for the first half of 2026 remains negative, <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">raising concerns about long-term financial health</a>. Giftify’s <a href="https://www.quiverquant.com/news/Giftify+Reports+2Q+2026+Results%3A+Gross+Profit+Up+14.2%25%2C+Net+Loss+Narrows+52.1%25">cash and cash equivalents totaled</a> $3.9 million as of June 30, 2026.<img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-1ced1a6f5efd4001.png" alt="Giftify Q2 Revenue Reaches $21.7M, Gross Profit Up 14.2%">

Giftify

Giftify Q2 Revenue Reaches $21.7M, Gross Profit Up 14.2%

Giftify (GIFT) shares rose 16.41% in intraday trading after the company reported Second Quarter 2026 financial results. The report highlighted strong top-line growth with Gross Billings up 26% to $45.5 Million and a 52.1% reduction in Net Loss to $1.2 Million, despite disclosing substantial doubt about its ability to continue as a going concern.

Giftify (GIFT) rises 16.41% intraday after Q2 2026 earnings report

• Gross billings up 26.2% to $45.5mln
• Net sales up 4.0% to $21.7mln
• Gross profit up 14.2% to $4.4mln
• Gross margin expands 180 bps to 20.2%
• Net loss improves 52.1% to $1.2mln
• Interest expense declines 18.6%
• Modified EBITDA improves to $126,036Gross billings increased by 26.2% year-over-year to $45.5 million, while net sales rose 4.0% to $21.7 million. The company reported a gross profit of $4.4 million, reflecting a 14.2% year-over-year increase, with the gross margin expanding by 180 basis points to 20.2%. Despite the improvement in gross profit, the company posted a net loss of $1.2 million, which represents a 52.1% improvement compared to the prior year. This reduction in the net loss was supported by a decline in interest expense of 18.6%. Additionally, <a href="https://www.sec.gov/Archives/edgar/data/732717/000073271716000138/ex99_3.htm">modified EBITDA improved significantly</a> to $126,036, indicating enhanced operational performance before adjustments for interest, taxes, depreciation, and amortization. These metrics highlight the company’s progress in managing costs and improving cash flow, although continued focus on reducing net losses and optimizing capital structure remains critical for long-term financial stability.

Giftify Q2 gross billings up 26.2% to $45.5mln, net sales up 4% to $21.7mln.

Giftify, Inc. reported Q2 2026 financial results, with gross billings growing 26% to $45.5 million, net sales increasing 4% to $21.7 million, and gross profit rising 14.2% to $4.4 million. The company's net loss improved 52.1% to $1.2 million, or $(0.04) per share, while interest expense declined 18.6%. Modified EBITDA improved to $126,036 from $(150,236) in the prior year period.Giftify, Inc. (NASDAQ: GIFT) reported its Q2 2026 financial results, showing continued progress in key performance metrics. Gross billings, representing the total transaction value processed through the company’s marketplaces, increased by 26% year-over-year to $45.5 million. This growth reflects strong engagement across its platforms, including CardCash.com and Restaurant.com. Net sales for the quarter rose 4% to $21.7 million, while <a href="https://www.globenewswire.com/news-release/2026/03/18/3258162/0/en/giftify-inc-reports-27-growth-in-total-transaction-value-to-154-7-million-for-full-year-2025.html">gross profit climbed 14.2%</a> to $4.4 million, indicating margin improvements driven by operational efficiencies and a shift in transaction mix.The company’s net loss narrowed significantly to $1.2 million, or $(0.04) per share, a 52.1% improvement compared to the prior year period. This reduction in losses was supported by lower interest expense, which declined by 18.6%, and disciplined cost management. Modified EBITDA, a non-GAAP measure, <a href="https://www.globenewswire.com/news-release/2026/03/18/3258162/0/en/giftify-inc-reports-27-growth-in-total-transaction-value-to-154-7-million-for-full-year-2025.html">turned positive at $126,036</a>, compared to a loss of $(150,236) in the same period of 2025, signaling progress toward profitability.Giftify’s financial performance in Q2 2026 aligns with its strategic focus on optimizing transaction mix and reducing operating expenses. The company has previously attributed its improved gross margins to <a href="https://www.globenewswire.com/news-release/2026/03/18/3258162/0/en/giftify-inc-reports-27-growth-in-total-transaction-value-to-154-7-million-for-full-year-2025.html">increased proportion of agent-based transactions</a>, which carry lower inventory risk and are recognized on a net commission basis. While the company continues to operate at a net loss, the narrowing deficit and positive Modified EBITDA suggest that its cost-reduction initiatives and operational improvements are yielding tangible results.Looking ahead, investors will be watching for further evidence of sustainable growth and continued progress toward breakeven operations. The company’s ability to maintain its momentum in gross billings and gross profit, while managing expenses, will be key indicators of its long-term viability in the competitive incentives and rewards industry.

Giftify Q2 gross billings up 26% to $45.5mln, net loss improves 52% to $1.2mln

Giftify, Inc. reports second quarter 2026 financial results: gross billings grow 26% to $45.5 million as net loss improves 52%

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